Australia's housing shortage | Record migration and falling construction - our recipe for disaster

Australia’s housing shortage | Record migration and falling construction – our recipe for disaster

Australia is in the midst of a chronic housing shortage, and with record migration numbers, high interest rates and rapidly rising costs crushing the pipeline for new homes the Governments pledge to build one million new homes in 5 years is set to fail.

On the back of recent construction and housing approval data, Anthony Landahl from Equilibria Finance is interviewed on Ausbiz on just how stark the situation is.

Review of recent ABS data and the fall in dwelling approvals and construction credit to a 12 year low
What’s causing the drop in dwelling approvals and construction credit
The longer term impact and lag effect
What is being done about it and what else can be done about it

Anthony Landahl | Managing Director Equilibria Finance

This is for general information purposes only and does not constitute advice. With all of these options there are a number of considerations outside the scope of what is covered in this article that you need to understand to ensure your personal circumstances are taken into consideration.

Equilibria Finance is a mortgage broking practice specialising in delivering residential and commercial mortgage and business and asset finance solutions to the clients of financial advice and accounting practices.

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